Rhode Island's First Battery Storage Facility
Pascoag Utility District supplies power to approximately 5,000 customers in Northern Rhode Island. During peak summer months, high electricity demand was putting...
Read moreRhode Island's Infrastructure Solutions Provider
Building Rhode Island's future by investing in the innovative and critical infrastructure that powers our communities.
WHAT WE PROVIDE
Programs that help Rhode Island communities.
Our programs are designed to help communities accelerate projects in the following areas:
Financing Rhode Island’s water infrastructure
RIIB’s water programs allow municipalities, utilities, and homeowners to access necessary funds for projects that provide clean drinking water and reduce water pollution in communities across the state.
HOW WE MEASURE SUCCESS
Our Impact to Date
Jobs Supported: Over 69,000
Slide 1 of 4: Jobs Supported: Over 69,000
RIIB IN ACTION
Featured Projects
The Grass Is Greener
Macomber Stadium has served generations of Central Falls High School athletes, but in 2017 the field was deemed unsafe due to contaminated soil. Surrounded by abandoned mills and impervious surfaces...
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Ensuring A Cleaner Narragansett Bay
Warren’s municipal wastewater treatment facility was found to be discharging high levels of nitrogen into Warren Harbor and Narragansett Bay. Warren officials reached out...
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Updates
Latest News
Updates on key reports, proposals and opportunities. Here you’ll find the latest information on annual reports, requests for proposals, job openings and intended use plans. This section is regularly updated as new information becomes available, so be sure to check back often for the most current updates.
Latest posts
Rhode Island Infrastructure Bank Earns AAA Credit Ratings From Fitch and S&P
PRESS RELEASEFor Immediate Release: February 3, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced that leading rating agencies Fitch and S&P have given AAA, stable outlook credit ratings to the Bank’s Clean Water State Revolving Fund and Drinking Water State Revolving Fund programs. Both agencies point out several underlying factors which contribute to these top tier credit ratings…
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Infrastructure Bank Awards $200,000 Grant To URI For Manganese Vulnerability Study
PRESS RELEASEFor Immediate Release: January 8, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (RIIB), the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, in coordination with the Rhode Island Department of Health (RIDOH) has awarded a $199,856 Emerging Contaminants grant to the University of Rhode Island (URI) to conduct a…
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Infrastructure Bank Provides $11 Million Low-Cost Loan to Warwick Sewer Authority For Treatment System Upgrades
PRESS RELEASEFor Immediate Release: December 4, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners has closed on a $11,069,500 Clean Water State Revolving Fund (CWSRF) loan, with 20% principal forgiveness (i.e. a $2.2 million grant) to the Warwick Sewer Authority for three…
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